The number of millionaires in the bloc is expected to see a massive surge over the next decade, according to a newly released report Total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners’ inaugural BRICS Wealth Report.

Disruptions in the Red Sea could last for up to a year, according to Japan’s Mitsui OSK Lines The disruptions to global supply chains caused by the ongoing tensions in the Red Sea could last for a year, Japanese shipping giant Mitsui OSK Lines (MOL) has warned.

A growing number of manufacturers are relocating operations outside the country, an industry lobby warns One in three German manufacturers is considering moving production to other countries amid economic troubles, double the number recorded in 2022, Bild news outlet reported on Saturday, citing Siegfried Russwurm, the head of the Federation of German Industries (BDI).